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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (109,010) $ (91,432)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:    
Depreciation and amortization 1,548 661
Impairment of fixed assets 0 2,349
Increase (decrease) in fair value of Symphony Icon, Inc. purchase liability (703) 5,145
Stock-based compensation 5,722 5,413
Amortization of debt issuance costs 389 380
(Gain) loss on disposal of property and equipment 12 (47)
Changes in operating assets and liabilities:    
Decrease in accounts receivable 173 963
(Increase) decrease in prepaid expenses and other current assets 7,694 (6,189)
Increase in other assets (25) (469)
Increase in accounts payable and other liabilities 18,705 2,924
Decrease in deferred revenue (51,342) (846)
Net cash used in operating activities (126,837) (81,148)
Cash flows from investing activities:    
Purchases of property and equipment (83) (664)
Proceeds from disposal of property and equipment 0 335
Purchases of investments (336,649) (82,554)
Maturities of investments 298,525 90,000
Net cash provided by (used in) investing activities (38,207) 7,117
Cash flows from financing activities:    
Proceeds from issuance of common stock 2,943 114
Repurchase of common stock (621) (357)
Repayment of debt borrowings (1,495) (1,379)
Other financing activities 0 61
Net cash provided by (used in) financing activities 827 (1,561)
Net decrease in cash and cash equivalents (164,217) (75,592)
Cash and cash equivalents at beginning of period 202,989 137,266
Cash and cash equivalents at end of period 38,772 61,674
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,406 3,586
Supplemental disclosure of non-cash investing and financing activities:    
Unrealized gain on investments $ 297 $ 121